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Thursday, March 29, 2012

Japan Extends US$86 Million to Cambodia

Japan Extends US$86 Million to Cambodia

AKP Phnom Penh, March 29, 2012 –

In response to the request from the Royal Government of Cambodia and
with a view to strengthening friendly and cooperative relations between
Japan and Cambodia, the Government of Japan
has decided to extend 7,161 million Yen or US$86 million in
concessional loan to Cambodia to support Siem Reap Water Supply
Expansion Project.

The notes to these effects were exchanged here this morning between
H.E. Hor Namhong, Deputy Prime Minister and Minister of Foreign Affairs
and International Cooperation and H.E. Kuroki Masafumi, Ambassador of
Japan to Cambodia under the presidency of Samdech Akka Moha Sena Padei
Techo Hun Sen, Prime Minister of Cambodia

This project will increase clean water supply to Siem Reap City by
60,000 cubic meters per day in order to respond to the increasing demand
of water from residents and industries, said the Japanese ambassador.

This is the second project of water supply to Siem Reap by Japanese cooperation after the first project in 2004, he added.

This new project will take water from Tonle Sap Lake instead of
underground water in order to avoid the possibility of negative impact
on world heritage monuments of Angkor. Under the project, water intake
facilities, a water treatment plant and the pipelines of 217 kilometers
for water distribution will be constructed.